Domestic LPG Cylinder Price Drops By Rs 10

Earlier, the price of a gas cylinder earlier stood at Rs 819 per cylinder.

In a major relief to consumers, the cost of domestic Liquefied Petroleum Gas (LPG) cylinders will reduce by Rs 10 from April 1, bringing it down to Rs 809 per cylinder, Indian Oil Corporation (IOC) informed on Wednesday. The price of a gas cylinder earlier stood at Rs 819 per cylinder. "The price of domestic LPG cylinders has been reduced by Rs 10 per cylinder from Rs 819 per cylinder to Rs 809 per cylinder in Delhi, effective from April 1. The same reduction has been carried out in other markets," the IOC said. Prices of crude oil and petroleum products have been on a constant uptrend since November 2020. As India is largely import-dependent on crude oil and the prices are market-linked, the increase in international prices resulted in an increase in domestic price of petroleum products, according to an official statement.